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20121010
20121010
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-scale assault on the mosost importantf our defense pro pry tear information, so in that sse they have done a lot of attacks, are they trying to operate on the quirketty exchanges wit alga rythms to disrupt trading might be another questio lou:t seems that wall street having enough success on its own thank you. using these high frequency trading, higy sophisticated series of programmac trades, last week, 4% of the volume estimated to have been because of one algorithm carrying out false trades if you will, a scout program on the market, this is getng stud, is it not? about well, -- >> wall street? >> yeah, the scout program,s you say, a euphemism foror an attempt to manipulate eity markets in a parcular way with vast amount of trading on a short periodf time, 70% is high frequency, it can be disguised in this massi share of market gain by high frequeny trading, this is danger. the exchanges have to do much more about curtailing it. lou: i think we should be clear with our audience, high frequency firms are often associated with and part of in fact, the ownership of the exchange itself. often in c
as vigorously by his friends is by governor romney. now we learn the defense secretary leon panetta has sent our troops to georgia. to make a clear statement of support to our jordanian allies and an unmistakable signal to turkey and iran to take some care and some caution. my guest tonight is no stranger to foreign policy. the white house is running from the political fallout and a crumbling middle east. joining us now is k.t. mcfarland. it is great to have you with us. let's start with the testimony before the house oversight committee,. >> what happens in an election year is that the policy misfires. the administration from the white house, wants to get as far away from the president as he can. so he has no idea who did what, when did they do it, who said what. eventually the dust settled and then what happens is the administration has to blame everybody. lou: it's inconceivable that the president of the united states three weeks into this tragedy is talking about an internet video and not talking about terrorism, the terrorists who killed an american ambassador and at the same time, the pare
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